PDA

View Full Version : Why rent agreements are mostly made for 11 months only?



IndiaInsurance
19th August 2022, 09:57 AM
https://img.etimg.com/photo/93638011.cms (https://economictimes.indiatimes.com/wealth/legal/will/why-rent-agreements-are-mostly-made-for-11-months-only/articleshow/93638011.cms)With large-scale migration of people for better opportunities, most of us have either lived on rent or given house on rent. Living on rent means signing a rent agreement with the landlord for a specified time. A rent agreement is a contract encapsulating the terms and conditions on which a property is leased out to a tenant. This includes the terms and clauses related to monthly rent, usage of the property, security deposit, tenure, among other things.

More... (https://economictimes.indiatimes.com/wealth/legal/will/why-rent-agreements-are-mostly-made-for-11-months-only/articleshow/93638011.cms)